Jay-Z is making big moves in the sports world. The hip-hop king has opened a sports management agency called Roc Nation Sports and his first client is New York Yankees second baseman Robinson Cano.

The company will be run by Hov with Juan Perez serving as president. They have partnered with CAA Sports, a division of Creative Artists Agency, to co-represent the all-star second baseman.

“Because of my love of sports, it was a natural progression to form a company where we can help top athletes in various sports the same way we have been helping artists in the music industry for years," Jay-Z said in a statement obtained by ESPN.

Cano is a four-time MLB all-star player, a World Series champion and a two-time Golden Glove Award winner. The slugger left his high-profile agent Scott Boras to pursue more lucrative options.

"At this point in my career, I am ready to take a more active role in my endeavors both on and off the field," Cano said. “I am confident that the pairing of Roc Nation Sports and CAA Sports will be essential in helping me accomplish my short- and long-term goals. I am making this important decision now so I can keep my focus on helping the Yankees succeed in 2013, while minimizing any distractions for me and my teammates."

According to ESPN, Jay-Z's future plan is to become an agent full-time, first in baseball then in basketball and football. If that's the case, in order for him to rep basketball players he would have to give up his one percent share in the Brooklyn Nets.

Ironically, Jay-Z's song 'Brooklyn (Go Hard)' can be heard playing in the trailer of the Jackie Robinson biopic '42' starring Chadwick Boseman and Harrison Ford. Now how prophetic is that?

We wish Jay-Z the best of luck in his new venture into sports management.